Make Fossil Fuel Subsidies More Transparent (US0038)

Overview

At-a-Glance

Action Plan: Not Attached

Action Plan Cycle: 2013

Status:

Institutions

Lead Institution: U.S. Treasury

Support Institution(s): NA

Policy Areas

Extractive Industries, Fiscal Openness, Publication of Budget/Fiscal Information

IRM Review

IRM Report: Pending IRM Review

Early Results: Marginal

Design i

Verifiable: Yes

Relevant to OGP Values: Yes

Ambition (see definition): High

Implementation i

Completion:

Description

Regular public reporting on U.S. Government spending on fossil fuel subsidies will increase transparency and enhance accountability. The United States will publicly publish an annual report outlining Government spending on fossil fuel subsidies and share it with the Group of 20 (G-20) and other relevant international bodies.